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Filing year 2024

THE RICHMOND BALLET

Richmond, Virginia·EIN 54-6049848·NTEE A630 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$7.7M
Total assets
$14.7M
Total expenses
$7.8M
Reported officers
37
Mission

THROUGH ALL OF ITS PROGRAMS, RICHMOND BALLET STRIVES TO EXPAND ACCESS TO DANCE FOR THE BENEFIT OF THE ENTIRE COMMUNITY. AT THE HEART OF THE ORGANIZATION'S MISSION, TO AWAKEN, UPLIFT, AND UNITE HUMAN SPIRITS, IS THE CONVICTION THAT THE APPETITE AND NEED FOR ARTS EXPERIENCES IS BOTH UNIVERSAL AND ETERNAL. ENGAGEMENT WITH THE ARTS CREATES SHARED EXPERIENCES THAT UNITE PEOPLE OF DIVERSE BACKGROUNDS. RICHMOND BALLET IS COMMITTED TO IDENTIFYINGAND CARVING PATHWAYS THROUGHBARRIERS IN ACCESS TO THESE EXPERIENCES FOR ALL MEMBERS OF THE COMMUNITY.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

Assoc. Artistic Director
Highest Compensated Employee
25th percentile to median
$138k
$147k
Artistic Director
Officer (Unspecified)
$116k
$123k
Chief Financial Officer
25th percentile to median
$103k
$109k
Former Managing Director
Director (Operational)
Median to 75th percentile
$97k
$103k
Executive Director
25th percentile to medianvs Arts, Culture & Humanities peers in Virginia
$62k
$65k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 32 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE RICHMOND BALLET equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
2%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 9%
from 2023

From $152k in 2023 to $138k in 2024.

$152k
2023
$138k
2024
In today's dollarsEst.
Down 11% in real terms$166k to $147k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 14% from 2023 to 2024, while revenue fell 5%.

$121k in 2023 to $138k in 2024.
  • Chief Financial Officer pay rose 15% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE RICHMOND BALLET

What does the Highest Compensated Employee of THE RICHMOND BALLET earn?

In 2024, the Highest Compensated Employee of THE RICHMOND BALLET received $138,286 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Arts, Culture & Humanities organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at THE RICHMOND BALLET compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2024 pay of the Highest Compensated Employee at THE RICHMOND BALLET falls between the 25th percentile and the median. In 2024, the highest total compensation at THE RICHMOND BALLET equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are THE RICHMOND BALLET's revenue and expenses?

In 2024, THE RICHMOND BALLET reported $7.7M in total revenue and $7.8M in total expenses on its IRS Form 990.

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